Liquidity is the quintessential struggle of all Nigerian princes
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This is exactly what I was trying to hedge against. I had a bad feeling about shorting and resistance. We need to keep setting high sell limits. Damn.
Waiting.
I'm ok with that. I can wait to jump in on the up trend.
Ha. Good luck to you. Somethin tells me I'll still be ok to revisit it next month if we're talking about a stock with long term staying power
Neither can you. It doesn't hinder your exuberant opinions. I'll see you all next month. Happy hunting.
This thing isn't ready to do anything significant yet. I'll wait til next month.
What I know right now is we have some volume. They're paying the ask and if we hold onto the big sell orders shorts will have a tough time with it.
Good question, not sure off the top of my head.
I can agree with that. We just gotta deal with the situation as it is. I feel these next two weeks are crucial. They could set the stage for the rest of the year's outlook, so I'm really hoping for some upward momentum this week.
I've had shares left over from Ano, and have already increased my shares significantly about a month ago. So, I'm just waiting.
That sounds like an admission of MM. I'll keep an eye on it and if my instincts tell me to get in, I'll get in. Thanks everyone for your time and insights.
I've seen the site. I'm confident it's a legit company at this point. Not confident I need to jump on it now. I don't see an immediate bounce coming.
Now we just need the stock chart to follow the same path.
Ha. That should definitely hedge against shorts. We must be around 500 thousand shares. Will be interesting to see what happens today.
To be clear I wasn't singling out one person in particular for their posting style. It was the overall sentiment taking place. I thank everyone for their input. I still have some research to do.
Actually it can get worse, that's the problem. As much as I'm sure we'd all like to think they wouldn't do it, with restrictions lifted, there is nothing to stop the company from shorting it themselves. I don't really wanna see a .05 Yippy. We can atleast be proactive and give ourselves a hedge against it. Setting a high sell order can't hurt us but it could help us.
Any over the top order will do. $5 $5.50 $6. It's just a strategy to see if we can keep it from being shorted. It can't hurt us it can only hurt the shorts.
Yea, thanks.
It's a natural response when you see the same talking points being rammed through. Doesn't mean it's not unanimous consent or excitement but it raises some flags. IMO
Thanks again.
Admittedly, I'm still doing research, but responses like this give me pause.
There are plenty of "real" companies out there. The more someone keeps driving the "real company" message home the more questionable it seems from the outside looking in.
Thanks. I glossed over this thing a little about a month ago but had/have other interests. If it's legit and feels right, I may put something on it. Some of the commentary just seemed contrived, no disrespect. A lot of it going back to the credibility of the CEO. That's something I'll need to investigate.
Are there any projected timelines that can spare me some digging in regards to interviews, meetings, news, developments etc? Thanks
Got your message. Don't have private message option. Thanks for the insight. I'm still doing DD. If anyone can provide some fast track info, like how much shorting is taking place on average or anything else of relevance I'd appreciate it.
Atleast right now we're already way past the average volume but, the more the better to let this thing run unhindered.
I think Father's day leaves most men with mixed feelings.
Sorry again for your loss. Let's beat the MM's at their own game.
If we all do it collectively I believe it can offer some protection from shorting. Let's try it for a week. The worst case scenario is we end up getting 5.00 a share. Hopefully the whole group will get on board as a united front.
This stock would be tempting if you didn't sound like a bunch of pumpers.
I've been giving some thought to everyone's input on MM's etc. I'm also getting concerned that with the restrictions lifted the company could short it themselves. We could actually hedge against it collectively and push short sellers out and create upward momentum. I'm assuming there must be at least a million shares between all of us. If we all put our shares up for sale at an outrageous price, like $5.00 it will prevent the shorts from borrowing/selling our shares and the brokers will be forced to recall them. This would also clear the way for the price to move up.
Yea it would. Even if we can break past .22 would be a good start. I feel like there's resistance at .22, .25, .29, .35 Be good to break past .22 this week and start pushing toward .25 That would give clear confirmation that we're in an up trend.
Either way I think it's beginning an uptrend. Hopefully we'll see .30 or .40 this week for starters.
For all you news hounds. This should be inspiring too.
http://www.i-newswire.com/yippy-otcqx-yipi-seeking-possible/226139
News can drive volume up and down. I do understand your point and I think those methods have more effect on stocks that exist for that purpose. With a tangible stock that is actually functional in the market, the trend finds it's way.
I would say that MM's can play a role but the Japanese Ichimoku principles suggests that though those factors can create divergence, the trend will always correct itself or find equilibrium regardless of news etc.
Ha. #20 now on break out
I'm primarily using a 10 year chart with candle sticks. It consolidates the candle sticks into weekly intervals. From around May 2011, with the exception of the split that took place in December, the trends are virtually identical within a month or so divergence. Peaked at late May 2011, went into down trend. Downtrend reversed in April/May 2012, peaked again mid June 2012. Went into downward trend. Here we are in June 2013 and it's about to reverse the down trend. Probably peak in July.
I think most people just try and deny themselves the reality of a stock in an overall downward trend. I knew a year ago it was gonna keep trending down. Now it should reverse.
The way I'm seeing it, it's working fine. Everything seems good for upward momentum. We'll see.
Funny. It does look good for a bounce next week.